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Last €1.31 EUR
Change Today +0.049 / 3.88%
Volume 0.0
K1L On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 2:08 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

lincoln educational services (K1L) Snapshot

Open
€1.31
Previous Close
€1.26
Day High
€1.31
Day Low
€1.31
52 Week High
11/13/14 - €2.84
52 Week Low
07/28/15 - €1.26
Market Cap
31.6M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
24.1M
EX-Date
03/10/15
P/E TM
--
Dividend
--
Dividend Yield
6.36%
Current Stock Chart for LINCOLN EDUCATIONAL SERVICES (K1L)

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lincoln educational services (K1L) Details

Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services in the United States. It offers degree and diploma programs in five principal areas of study, including automotive technology, health sciences, skilled trades, hospitality services, and business and information technology to recent high school graduates and working adults. As of March 10, 2015, it operated 31 campuses in 15 states under the Lincoln College of Technology, Lincoln Technical Institute, Euphoria Institute of Beauty Arts and Sciences, Lincoln Culinary Institute, and Lincoln College of New England brand names. The company was founded in 1946 and is based in West Orange, New Jersey.

2,191 Employees
Last Reported Date: 03/16/15
Founded in 1946

lincoln educational services (K1L) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $400.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $263.7K
Executive Vice President, General Counsel and...
Total Annual Compensation: $273.5K
Compensation as of Fiscal Year 2014.

lincoln educational services (K1L) Key Developments

Lincoln Educational Services Corporation Appoints Scott M. Shaw to the Board of Director

Simultaneous with the appointment of Scott M. Shaw to the office of chief executive officer of Lincoln Educational Services Corporation, Mr. Shaw was also appointed to the board of directors of the company, such directorship to be effective as of July 1, 2015. There is no arrangement or understanding between Mr. Shaw and any other person pursuant to which he was selected as a director nor are there any disc losable arrangements under Item 404(a) of Regulation S-K. Further, no board committee appointments were made or are expected for Mr. Shaw.

Lincoln Educational Services Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reaffirms Earnings Guidance for 2015

Lincoln Educational Services Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. The company reported a net loss of $6.9 million or $0.30 a share compared to a net loss of $10.3 million or $0.45 a share in the year ago period. Revenue in the quarter came in at $76.7 million lower than the $79.2 million it posted in the year-ago period. Operating loss was $5,438,000 against $8,612,000 a year ago. Loss from continuing operations before income taxes was $6,833,000 against $9,872,000 a year ago. Loss from continuing operations was $6,833,000 or $0.30 per diluted share against $10,291,000 or $0.45 per diluted share a year ago. LBITDA was $1,548,000 against $3,591,000 a year ago. Net cash used in operating activities was $6,305,000 against $8,380,000 a year ago. Based on the first quarter performance as well as current trends, revenue from continuing operations is expected to range from $310 million to $320 million. The top end of this range would result in revenue on a continuing operations basis that would be about flat with last year. Because of the success of expense management effort, the company is able to reiterate original bottom line outlook. The company is reaffirming the previously provided net loss per share guidance for 2015 ranging from $0.32 to $0.47. The reaffirmation is due to continuing efforts to right size operations to reflect trends. The company continues to expect to generate positive cash flow from operations in the range with prior year.

Lincoln Educational Services Corporation Announces Management Changes

Lincoln Educational Services Corporation announced that Scott M. Shaw, currently Lincoln’s President and Chief Operating Officer, will succeed current Chief Executive Officer Shaun McAlmont and become Lincoln’s President and Chief Executive Officer on July 1. Mr. McAlmont is resigning effective June 30, 2015 after five years as Lincoln’s CEO to focus on his family and explore other career interests. In addition, J. Barry Morrow, currently a member of the Board of Directors and Chairman of the Board’s Compensation Committee, will succeed Alexis P. Michas as Non-Executive Chairman of the Board effective July 1. Both Mr. McAlmont and Mr. Michas will step down from the board of directors on June 30, 2015.

 

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K1L Competitors

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Company Last Change
American Public Education Inc $25.18 USD -0.23
National American University Holdings Inc $3.03 USD +0.06
Scientific Learning Corp $0.12 USD -0.017
Strayer Education Inc $41.76 USD -1.34
Universal Technical Institute Inc $5.97 USD -0.06
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